Swap Dealer Regulatory Governance Officer bei UBS Group AG
UBS Group AG · London, Vereinigtes Königreich · Hybrid
- Professional
- Optionales Büro in London
Your role
Are you an expert in CFTC Swap Dealer and SEC Security-based Swap Dealer (SBSD) rules? Are you interested in joining a global team that overseas regulatory requirements and control frameworks? Do you have experience with providing guidance, conducting risk assessments, performing testing, and supporting regulatory implementations?
The UBS Swap Dealer Regulatory Governance Team is looking for an experienced compliance professional to:
• assist in the planning, coordination, and delivery of our team's annual Swap Dealer and SBSD review
• support complex rules-based Swap Dealer reviews by analyzing and providing credible challenge regarding key first line of defense processes, procedures, and controls
• support compliance reviews, prepare detailed supporting workpapers, and draft impactful final reports setting out the findings, conclusions, ratings, and remedial actions
• assist management with the reporting of impactful results, trends, issues, and themes to Swap Dealer governance and risk committees
• participate in the development and enhancement of testing methodologies and standards
• contribute as lead or joint assessor in the execution of the annual rules-based Compliance Risk Assessments
• provide advice, guidance, and support to Swap Dealer stakeholders regarding CFTC and SEC rule interpretation, product classifications, client eligibility, Swap Data Repository (SDR) and Security-based Swap Data Repository (SBSDR) technical specifications and reporting requirements, on-platform Swap Execution Facility (SEF) and Security-based Swap Execution Facility (SBSEF) rulebooks and trading requirements, industry trends, and regulator expectations
• perform second line of defense monitoring of certain processes that impact compliance with relevant CFTC and SEC rules
• provide support on regulatory examinations and internal audits, including driving associated remediations with relevant stakeholders
• participate in the governance of Swap Dealer and SBSD Associated Persons
Detailed salary information:
• New York, Chicago: the salary range for this role is $119000 to $156000
• Raleigh: the salary range for this role is $98000 to $123000
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.
The UBS Swap Dealer Regulatory Governance Team is looking for an experienced compliance professional to:
• assist in the planning, coordination, and delivery of our team's annual Swap Dealer and SBSD review
• support complex rules-based Swap Dealer reviews by analyzing and providing credible challenge regarding key first line of defense processes, procedures, and controls
• support compliance reviews, prepare detailed supporting workpapers, and draft impactful final reports setting out the findings, conclusions, ratings, and remedial actions
• assist management with the reporting of impactful results, trends, issues, and themes to Swap Dealer governance and risk committees
• participate in the development and enhancement of testing methodologies and standards
• contribute as lead or joint assessor in the execution of the annual rules-based Compliance Risk Assessments
• provide advice, guidance, and support to Swap Dealer stakeholders regarding CFTC and SEC rule interpretation, product classifications, client eligibility, Swap Data Repository (SDR) and Security-based Swap Data Repository (SBSDR) technical specifications and reporting requirements, on-platform Swap Execution Facility (SEF) and Security-based Swap Execution Facility (SBSEF) rulebooks and trading requirements, industry trends, and regulator expectations
• perform second line of defense monitoring of certain processes that impact compliance with relevant CFTC and SEC rules
• provide support on regulatory examinations and internal audits, including driving associated remediations with relevant stakeholders
• participate in the governance of Swap Dealer and SBSD Associated Persons
Detailed salary information:
• New York, Chicago: the salary range for this role is $119000 to $156000
• Raleigh: the salary range for this role is $98000 to $123000
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.
City
Chicago, Kraków, London, New York, Raleigh
Job Type
Full Time
Country / State
Poland, United Kingdom, United States - Illinois, United States - New York, United States - North Carolina
Function Category
Compliance
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
Disclaimer / Policy statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
Your team
The UBS Swap Dealer Regulatory Governance Team is also responsible for the development, maintenance, and execution of our Swap Dealer testing program across all divisions. The results of this testing are used to support the Swap Dealer / SBSD Chief Compliance Officer required annual certifications to the U.S. Commodity Futures Trading Commission and U.S. Securities and Exchange Commission.
Your expertise
• university degree in finance, economics, business administration, or numerical discipline, JD, M.B.A. or other relevant advanced degree a plus
• ideally 5+ years of experience in the financial services industry, in-house audit at a financial institution, or examination experience at a financial industry regulator a plus
• knowledge of swaps and security-based swaps products and markets
• knowledge of U.S. CFTC Swap Dealer and/or U.S. SEC SBSD laws, rules, and regulations
• detail-oriented, accurate, and able to drive tasks to closure
• ability to work well in a team-oriented, fast-paced environment
#LI-Hybrid
• ideally 5+ years of experience in the financial services industry, in-house audit at a financial institution, or examination experience at a financial industry regulator a plus
• knowledge of swaps and security-based swaps products and markets
• knowledge of U.S. CFTC Swap Dealer and/or U.S. SEC SBSD laws, rules, and regulations
• detail-oriented, accurate, and able to drive tasks to closure
• ability to work well in a team-oriented, fast-paced environment
#LI-Hybrid
About us
UBS is the world’s largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
Your Career Comeback
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.
Salary information
US Only: The expected salary range for this role is $98000 to $156000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see «Your role» section for detailed salary information.
